Last fall, when the price of oil started dropping, fund manager Craig Hodges figured crude would rebound in 2015 and began buying shares of companies he thought would be unfairly hit, including construction company Primoris Services Corp and Eagle Materials Inc, which produces sand used in fracked…Reuters36 mins ago
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California suffers from a perfect storm of conditions which keep gas prices high. While most states have prices of an average gallon of regular below $2.50, California’s is $3.21. And in some of its cities, ...24/7 Wall St.51 mins ago
The market for green bonds to finance clean, efficient energy projects tripled last year.USA TODAY
Investment banks feeling the pinch from increased regulation since the financial crisis could reap an earnings reward from a boost in trading activity under the European Central Bank's (ECB) trillion-euro quantitative easing (QE) program. The flood of money into markets from the ECB's bond-buying…Reuters
All mined or imported gold in China can only sell through the Shanghai Gold Exchange. By tracking the SGE, investors can see China's short-term demand.Market Realist
They are the only rugby sevens team to have secured a place at the Summer Olympics in Rio next year -- but host team Brazil face monumental hurdles to hold their own in a world-class field. Twelve sides will line up in Rio de Janeiro in August 2016 as sevens makes its Olympic debut. They will…AFP
Despite the bold measures taken by the British government, oil producers will continue to lay-off and cut back production if the oil price doesn’t rise soon.Oilprice.com
Duke Energy Corp. CEO Lynn Good saw her pay docked about $600,000 in the aftermath of last year's massive spill of collected coal ash that coated 70 miles of a North Carolina river in sludge containing ...Associated Press
Barrick Gold Corp, which last year implemented a new executive compensation plan after an outcry from shareholders, paid Executive Chairman John Thornton $12.9 million in 2014, a third more than in 2013. Jim Gowans and Kelvin Dushnisky, co-presidents of Barrick, the world's biggest gold…Reuters
A subsidiary of Exxon Mobil Corp. is asking state regulators to grant an exception to the amount of natural gas companies are permitted to burn off at 140 of its oil wells in Dunn and McKenzie counties. ...Associated Press
It was reported on Friday that fourth quarter gross domestic product expanded at a 2.2 percent annual rate, missing consensus expectation of a 2.4 percent gain. In addition, after-tax corporate profits ...Benzinga
Most people think of warm winters without overly hot summers when they think of locales with nice weather.
- European figure skating champion Javier Fernandez became the first Spanish man to win the world singles title, overcoming last year's winner Yuzuru Hanyu in dramatic style in Shanghai. Fernandez, who has twice won the bronze medal at the World Figure Skating Championships, scored 181.16 in the…AFP
The last full week of March was choppy and took away most of the 2015 gains for the Dow and the S&P. Still, investors keep looking for value.24/7 Wall St.
Vivendi has written a letter to the US hedge fund and minority shareholder that has challenged its strategy, warning that it could fall foul of French law in the event that it tried to form a united front ...Financial Times
ETFs are the investment funds—like index funds and mutual funds—that track an index, a commodity, or a basket of assets. ETFs are publicly traded on an exchange.Market Realist
- Russian teenager Elizaveta Tuktamysheva took gold at the World Figure Skating Championships in Shanghai Saturday, finishing well ahead of her rivals after the women's free skate. The 18-year-old European Champion scored 132.74 in the final segment to finish with 210.36 overall, some distance in…AFP
The EIA estimates that natural gas liquids production should increase from 2.6 million barrels per day (or MMBbl/d) in 2013 to 3.2 MMBbl/d in 2015.Market Realist